Diamond Vault NV Is Monetizing Diamonds Via Its Global Rough Diamond Mining Contracts
Belgium – June 28, 2022 —
Belgian diamond trading company Diamond Vault NV is monetizing diamonds via its rough diamond mining contracts with top producing mines across the globe.
Diamond Vault NV was founded by Girish Kadel in [year] and is based out of Antwerp, Belgium. Mr. Kadel hails from a family with a deep-rooted legacy in the diamond business. His family has been trading in diamonds in India for almost 100 years. The company has established contracts with rough diamond mines in Tanzania, South Africa, Russia, Lesotho, and Western Australia.
“A diamond is a natural marvel, unrivaled in elegance and beauty. As a leading player in the commercial diamond trading industry, we have the leverage to offer our ever-growing base of esteemed clientele and patrons access to the best value deals on Kimberley Process certified rough diamonds,” explains the founder and managing director of Diamond Vault NV Mr. Girish Kadel.
Diamond Vault NV actively trades in rough diamonds ranging from one carat up and eight points down with a quality benchmark set at VS 2 and higher.
“We strive to always delight our customers with the stamp of superior goods, the assurance of world-class services, and perfection in our craft. In keeping with our continued commitment to excellence, we regularly participate in tenders and direct sales events organized by some of the globe’s finest mines,” continues Mr. Kadel.
“Approximately 20% of our supply is imported from India. Our procurement from the local Antwerp market accounts for about 60% of our supply and is oriented to goods one carat and up. The international and local Antwerp markets are equally valuable to our company. However, our payment terms differ depending on the customer’s location. Sales to the local market typically range between cash to 90 days, while sales conducted in India are largely on a 120-days basis.”
“Through every deal we make, we remain aware of and sensitive to our responsibilities toward ensuring a society where diamond purchases never end up financing violence and bloodshed by rebel groups and their allies seeking to undermine legitimate governments,” adds Mr. Kadel.
Diamond Vault NV owes its significant presence in the diamond industry to its extensive trading network, state-of-the-art technology, up-to-date prices, and Mr. Kadel’s expert understanding of evolving market dynamics and emerging opportunities.
“We are driven by a passion for innovation. Our focus is on investing in the latest machinery, ongoing R&D, and training our artisans to optimize our polish output. To ensure every stone meets our standards for exceptional quality prior to being sold, they are re-polished by artisans with a strong track record in the diamond market.”
Diamond Vault NV has long-term contracts with:
Williamson Mine in Northeast Shinyanga, Tanzania,
Kimberley Mine in Northern Cape Province, South Africa,
Alrosa Mine in Western Yakutia, Russia.
Letseng Mine in Landlocked Southern African Kingdom, Lesotho.
Argyle Diamond Mines in East Kimberley, Western Australia.
“We aim to continue driving the implementation of transparency across our operations. Our goal remains to deliver a profitable, ethical, trusted, and standardized commercial enterprise that complies with global requirements pertaining to the diamond trading industry,” concludes Mr. Kadel.
Diamond Vault NV is a diamond trading company based out of Antwerp, Belgium. The company was founded by Girish Kadel in [year] and has established contracts with top producing rough diamond mines in Tanzania, South Africa, Russia, Lesotho, and Western Australia.
Release ID: 89077392
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